volume

Insights from Davos. Web3 Consolidation Underway. Meta Alliance Launch. Web3 Reserve System.

May 19, 2022 London UK. A consensus is emerging from multiple Davos insiders that the next wave of consolidation is about to hit the Crypto Markets as awareness of Web3 Applications continue to drive volume, growth and outlook. Despite the recent crypto market crash this month, M&A is again on the rise as the Volume of Deals increased 50X over the past year to $ 55B. “Since Web3 is the precursor to Metaverse market, our team has come up with a way for communities to combat some of the inherent

CoinSmart Announces Increase in Key Performance Metrics

Despite market volatility, the platform saw significant increases in overall volumes and new users in Q4 2021 over Q3 2021 TORONTO, Feb. 7, 2022 /CNW/ - CoinSmart Financial Inc. (NEO: SMRT) (FSE: IIR) ("CoinSmart" or the "Company") one of Canada's leading crypto asset trading , today announced that despite a sustained period of risk-off selling across the digital asset market over the past few months, the company has experienced large percentage increases in a number of key growth metrics in Q4 2021 compared to Q3 2021. The platform saw an

People leaving Ethereum is ‘just never going to happen,’ says Solana co-founder

2021 saw a significant proportion of developers shifting from Ethereum to rival blockchains. Primarily, because the Ethereum network continued to fight high gas fees and congestion. Well, one network that hugely benefitted from this situation was Solana. Its meteoric rise over 2021 positioned it as one of the main Ethereum-killers. Solana’s native token Sol reached a new all-time high in early November. Furthermore, at the time of writing, the token registered a 10% ROI over the past week. Also, it had a 24-hour trading volume of over $3.6 billion, at

Cardano’s top exec believes SHIB & DOGE can lead to depression and hyperinflation

Most of the canine cryptocurrencies, especially Shiba Inu and Dogecoin have been victims of online speculations. Despite the surge, many believe these tokens will exist as long as memes trend on the internet. In this development, this renowned figure is the latest individual to address the FUD concerning these “speculative” coins. He even believes that trusting these memecoins would lead to depression and/or hyperinflation. The community got no ‘Calm’ Calm https://t.co/gjTfs7USzr — Charles Hoskinson (@IOHK_Charles) November 18, 2021 Cardano and IOHK chief Charles Hoskinson in the recent Youtube discussion has

RippleX exec says ODL is ‘killer value proposition to Ripple Net’

Despite the ongoing SEC vs Ripple Labs lawsuit and the market experiencing a dip, Ripple has been making waves in crypto news. During an episode of the Thinking Crypto podcast, RippleX General Manager Monica Long spoke to host Tony Edward about Ripple’s recent performance, multi-chain development, and the XRP Ledger technology. Water, water everywhere Calling ODL the “killer value proposition to Ripple Net,” Long explained, “So you know, ODL’s been in market for a few years now and Q3 was definitely, you know, the most outstanding…And the volume through ODL

Pangolin V2 Prepares for Launch with Improved Smart Contracts and Tokenomics

The first iteration of Pangolin launched on the Avalanche blockchain in February 2021 and quickly rose to become one of the most utilized decentralized exchanges (DEX) on the market – as well as one of the most successful dApps to launch on the Avalanche Network to date. Pangolin V1 used the same automated market maker (AMM) model as popular DEFI platforms such as UniSwap, and its Avalanche-based tokens were cross-compatible with those built on Ethereum. The protocol managed to process more than $8.7 billion dollars in trade volume in less

Trailerblazer ABEY bags accolade

The AIBC Europe 2021 Blockchain Solution of the Year award was won by ABEY. ABEYCHAIN and ABEY ecosystem, a leading player in the emerging blockchain sector, established a victory in Malta on November 17, 2021. ABEY was announced the winner of the Blockchain Solution of the year award at the 5th edition of the AIBC Europe 2021 awards that was held in Malta on November 16th, 2021. Salient facts about ABEY  ABEY and its blockchain, ABEYCHAIN are one of the fastest-growing blockchain solutions in the world. AIBC Europe 2021 Awards

Global Exchange Binance Releases Crypto Bill of Rights For Traders

Binance, the world’s largest crypto exchange, has released what they call the “10 Fundamental Rights for Crypto Users.” Running what Changpeng Zhao (CZ) says is Binance’s first advertisement ever, the exchange took up an entire page of London’s Financial Times with the words “CRYPTO IS EVIL.” Underneath the eye-catching phrase, Binance warns: “When it comes to crypto, Don’t let the headlines fool you. There’s a world beyond Bitcoin and Dogecoin, one where financial opportunity is accessible to everyone, not just the privileged few. Crypto belongs to all of us. But

Kryptomon to list KMON token on Gate.io in partnership with its first Tier-1 CEX

Kryptomon is pleased to announce its token $KMON on Gate.io, following the sale of its first Legendary Kryptomon for an eye-watering $49,700 in the first-ever Kryptomon auction, the Kryptomon team seem to have no intention of resting on their laurels.  In an overwhelming outpouring of support from Binance users worldwide, not only did all 2000 Kryptomon Mystery Boxes sell out on the BinanceNFT marketplace in a reported 0.27 seconds, those same mystery boxes have generated a trading volume of almost $1M on the secondary resell market just days after listing. 

Weekly Cryptocurrency Market Analysis: Altcoins Fail to Sustain Recent Rallies, Lose Strength on Bear Market

Nov 17, 2021 at 11:00 // News Cryptocurrencies failed to continue recent rallies as altcoins fell back to their previous lows. OMG Network lost all of October's bullish gains and became the biggest loser of the last 7 days. OMG Network Since October 4, OMG Network (OMG) has been trading below the overhead resistance of $18. On November 4, buyers pushed the altcoin to retest the overhead resistance. The cryptocurrency formed a bearish double top that led to a downside move. The selling pressure erased the bullish gains from October.

COMP’s incentive crisis and what lies ahead for alt’s price

The DeFi space has accelerated at a pretty good pace of late, despite some setbacks in the first half of the year. In 2021 alone, the ecosystem reported a growth rate of over 20x. A lot of upcoming protocols like Abracadabra have made star entries recently too. Even so, platforms like Maker, Aave, and Compound are ruling the roost, still maintaining their spot in the top five in terms of total value locked.  Maker and Aave have had their fair share of price pumps over the last couple of months. However,